Losses Are Mounting for Tech Stocks in Retreat From Records
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Tech stocks are having another rough day with chipmakers extending a three-session slide and many of the biggest tech and Internet names adding to Monday’s losses.
As the sell-off drags on -- and contagion spreads -- the toll on some of the most popular stocks is mounting. Companies that just months ago saw their stocks set records have since lost hundreds of billions of dollars in market value amid investor concerns that the best days of growth are in the past.